Cordoba Logistics and Ventures Limited Announces New Share Acquisition by Arif Elahi

ISLAMABAD: In compliance with Sectier. 96 of the Securities Act, 2015, and Clause 5.6.1 of the Pakistan Stock Exchange (PSX) Regulations, Cordoba Logistics and Ventures Limited disclosed significant shareholder changes on July 10, 2024.

Mr. Arif Elahi has purchased 93,967 shares of Cordoba Logistics and Ventures Limited from the regular market, representing 0.13% of the total issued and paid-up capital of the Company. According to information available from the Pakistan Stock Exchange (PSX), this acquisition is notable as Mr. Arif Elahi is closely related to Mr. Danish Elahi, the Director and CEO of the Company, who currently holds 73.63% of the shares.

This disclosure is part of the regulatory requirements meant to ensure transparency in the ownership and control structures of publicly traded companies. The PSX has been informed of this change to maintain the integrity of market operations and inform stakeholders, including Certificate Holders of the Exchange.